Growth & profitability
- Revenue has grown 36.4% per year over the past 5 years.
- Operating margin has expanded, at 1.8% in the latest year.
Financial health
- Operating income covered interest expense 3.2× in the latest year.
FLYW Financials Flywire Corp
7 years of revenue, profit, cash flow and balance-sheet history through FY2025, from SEC filings — with a computed, factual read of the trend. Updated Overview →
RevenueNet income
GrossOperatingNet
Free cash flow
CashTotal debt
OperatingInvestingFinancing
Key annual figures
| FY | Revenue | Net income | Gross M | Op M | FCF | Total debt | Cash |
|---|---|---|---|---|---|---|---|
| 2025 | $623M | $14M | 0.0% | 1.8% | $99M | — | $330M |
| 2024 | $492M | $3M | 0.0% | -1.5% | $98M | $0 | $495M |
| 2023 | $403M | -$9M | 0.0% | -5.3% | $75M | — | $655M |
| 2022 | $289M | -$39M | 0.0% | -10.4% | $4M | $0 | $349M |
| 2021 | $201M | -$28M | 0.0% | -6.6% | $16M | $26M | $385M |
| 2020 | $132M | -$11M | 0.0% | -12.0% | -$16M | $24M | $104M |
| 2019 | $95M | -$20M | 0.0% | -18.4% | $325000 | — | — |
RevenueNet income
GrossOperatingNet
Free cash flow
CashTotal debt
OperatingInvestingFinancing
Key quarterly figures
| Quarter | Revenue | Net income | Gross M | Op M | FCF | Total debt | Cash |
|---|---|---|---|---|---|---|---|
| Mar '26 | $188M | $13M | 0.0% | 5.7% | -$16M | — | $312M |
| Dec '25 | $158M | $33000 | 0.0% | -0.6% | $4M | — | $330M |
| Sep '25 | $200M | $30M | 0.0% | 16.1% | $150M | $15M | $355M |
| Jun '25 | $132M | -$12M | 0.0% | -6.8% | $24M | $60M | $250M |
| Mar '25 | $133M | -$4M | 0.0% | -8.2% | -$81M | $60M | $191M |
| Dec '24 | $118M | -$16M | 0.0% | -4.9% | -$29M | $0 | $495M |
| Sep '24 | $157M | $39M | 0.0% | 12.9% | $184M | — | $565M |
| Jun '24 | $104M | -$14M | 0.0% | -15.2% | -$20M | — | $539M |
| Mar '24 | $114M | -$6M | 0.0% | -5.2% | -$38M | — | $619M |
| Dec '23 | $101M | $1M | 0.0% | -10.0% | $60M | — | $655M |
| Sep '23 | $123M | $11M | 0.0% | 9.6% | $46M | — | $638M |
| Jun '23 | $85M | -$17M | 0.0% | -19.8% | -$5M | — | $328M |
| Mar '23 | $94M | -$4M | 0.0% | -7.0% | -$21M | — | $327M |
| Dec '22 | $73M | -$1M | 0.0% | -12.8% | $33M | $0 | $349M |
| Sep '22 | $95M | -$4M | 0.0% | 3.8% | -$451000 | $26M | $349M |
| Jun '22 | $57M | -$24M | 0.0% | -30.8% | -$11M | $26M | $361M |
| Mar '22 | $65M | -$10M | 0.0% | -11.0% | -$17M | $26M | $366M |
| Dec '21 | $51M | -$11M | 0.0% | -20.1% | -$9M | $26M | $385M |
| Sep '21 | $68M | $10M | 0.0% | 16.4% | $9M | $26M | $449M |
| Jun '21 | $37M | -$18M | 0.0% | -20.4% | $26M | $24M | $412M |
Valuation over time
How the market has priced FLYW against its own fundamentals since 2023-03 — each month-end's share price set against the most recent annual filing, so the multiple moves as price runs ahead of (or behind) earnings. Split-adjusted.
- The price-to-earnings ratio has fallen from 864.0× (Dec '24) to 151.9× (Jun '26).
- The price-to-sales ratio has fallen from 12.6× (Mar '23) to 3.3× (Jun '26).
P/E
P/S
Frequently asked questions
Is FLYW growing its revenue and profit?
Over the past 5 years, Flywire Corp's revenue has grown 36.4% per year. These are computed facts, not advice.
How much debt does FLYW have?
As of FY2025, Flywire Corp reported — of total debt against $330M of cash; operating income covered interest expense 3.2×.
What is FLYW's profit margin?
In FY2025, gross margin was —, operating margin 1.8%, and net margin 2.2%.
What is FLYW's P/E ratio?
As of Jun '26, Flywire Corp traded at a price-to-earnings ratio of about 151.9× (market cap ÷ latest annual net income). The valuation charts above show how its P/E, P/S have moved with the share price. These are computed facts, not advice.
Where does this data come from?
All figures are extracted from the company’s SEC EDGAR/XBRL filings — 10-K annual reports and 10-Q quarterly reports (use the Annual / Quarterly toggle). Quarterly figures are derived from the as-filed statements (year-to-date amounts are differenced into discrete quarters). Growth rates and ratios are computed by tradmap; nothing here is investment advice.
Source: SEC EDGAR / XBRL (10-K + 10-Q filings) · prices EOD (Databento), corporate-action-adjusted · growth rates, valuation multiples & ratios computed by tradmap. Valuation uses each month-end price against the latest annual filing. Informational only — not investment advice.